Remodeling Magazine conducts an annual Cost vs Value survey that lists common upgrades and the percentage of money a seller is likely to recoup at sale. The 2018 Cost vs Value survey of midrange upgrades and additions showed: • Bathroom remodel recouped 70.1%.
• Deck addition recouped 63.6%. • Kitchen remodel recouped 59%. • Master suite addition recouped 56.6%. • Entry door replacement (steel) recouped 91.3%.
If you decide to upgrade, do yourself a favor and hire a professional to do the work correctly and quickly. Preparing your home for sale is not the time to learn how to install drywall. Professionals will cost money, but they’ll do the job right the first time and reduce the stress that comes with remodeling and selling. Also, before undergoing a kitchen and bath remodel, do enough research to learn which looks are popular now—then find a way to match those new looks with your older home. This is where an interior designer is a godsend. A designer knows how to make upgrades look like a natural addition to your home, rather than an afterthought.
DON'T FORGET “SYSTEMS”
Replacing your water heater isn’t as sexy as adding a master bathroom, but you’d be amazed how important new systems are to buyers. No buyer wants to buy a house and have the central air conditioning or septic system malfunction. If your HVAC, plumbing, electrical, or waste systems are nearing the end of their expected lives, replace them. Then tout your brand-new HVAC
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